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Wales Online
Wales Online
National
Brian Farmer (PA) & Steven Smith

Billionaire must pay £3.5m a year to wife during court battle

A billionaire real estate developer embroiled in a divorce fight must pay out more than £3.5 million a year until a judge decides how much money his estranged wife should walk away with.

Michael Fuchs, who comes from Germany but moved to the United States in the 1990s, and former journalist Alvina Collardeau-Fuchs, who comes from France, are fighting over money in a London court.

Mr Justice Mostyn, who is based in the Family Division of the High Court, on Monday made rulings about how much maintenance Ms Collardeau-Fuchs should get while the fight continues.

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